Viewing profile — thow-01187

Haven't the past past 10 years been a complete refutation of this belief? Money made by hype, fraud, market power abuse or regulatory arbitrage dwarfs profits made by providing val…

Yes, this is the crucial difference Brick and mortar stores are dealers, Amazon is a broker. Dealers have inventories - they purchase items from the suppliers and resell them - if …

The notion of: "it's a little bit like X, a little bit like Y - but it's neither X nor Y, therefore we it's a wild-west anarchy without any rules or regulations" - this is such a g…

It would be interesting to see the revenue split between App Store and Play Store in the US. Since iOS skews towards more affluent users, and more affluent users are way more likel…

Planes are actually surprisingly fuel efficient. The short haul flights in Europe are often served by Airbus A320 or A321 Neo, with fuel consumption per seat at 2.19 L/100 km. A mi…

No. Landlords do not "produce" rooms by taking raw materials and transforming them into goods. In the current market, the rent is determined by how much the marginal renter is able…

> The decision to make a standalone headset and build their own app platform was absolutely the right one Not sure whether the appeal of Quest 2 is in the standalone-ness and the a…

I suspect that worshiping "The Rule of Law" as an unadulterated good is responsible for a lot of the corporate overreach we observe in the past few decades. When we construct a soc…

Yet, Finland is ok with operating nuclear plants, and is building a new one (still). Sweden likewise. Belarus and Ukraine were the ground zero, and the most impacted regions, yet y…

Controversial take, but even if we had a Fukushima-level disaster every 10 years, and just dump nuclear waste into the ocean (which sounds cavalier and hand-wavy, but we've been do…

They provide short-term, non-committal inventories and buffers to a supply chain that doesn't have them, since it runs on long-term contracts. In some ways, they're capitalizing on…

> SpaceX has proven how ripe for disruption NASA The story there might be murky, too. NASA bankrolls a lot of SpaceX R&D. US military then approaches SpaceX for extremely generous …

> In the short term the market is a popularity contest; in the long term it is a weighing machine Warren Buffett Elon is undoubtedly skilled at driving up hype - the popularity con…

There's another problem with Finland - it's just too geographically isolated. It's de-facto an island. To make matters worse, it's also a monotonous forested flatland. Not much of …

Furthermore, financial penalties on late delivery are not uncommon in enterprise business-to-business settings. These penalties are sometimes quite steep If the choice is between r…

Unfortunately, low fertility rate is not a one-time problem of boomer generation followed by a stable plateau. It leads to a perpetual spiral of gerontocracy, high dependency ratio…

I'm continually amazed how this isn't #1 topic on governments' agenda across the developed world. We're looking at South Korea losing 95% of its generational cohort size in 100-yea…

Unfortunately, more often than not, the logic behind it is market segmentation, not technical or operational efficiency

Imho, what was happening in the Silicon Valley economy looks much more like displacement of value rather than creation of value (1). Google/Facebook have displaced other ad formats…

Yes, vacations are financed as a hidden tax on normal working days - the worker pays for it from his labor cost. What exactly is the problem with having 10% lower salary in exchang…

Let's just say...that the data doesn't exactly support the thesis that the lack of venture funding is a drag on Europe's productivity https://ourworldindata.org/grapher/labor-produ…

Wages in tech are laughably bad anywhere in the world, when compared to US. Tech landscape in Canada, Australia, Japan, Korea or Taiwan looks much more like Europe than like US. US…

There's a case to be made that Europe is playing the smart game here. At this point, US has cumulatively burned a few trillions in funding for their software corporations. Europe, …

> French investors for example are really stingy and you won’t get somebody to just throw a few millions at you to see if you succeed Isn't that...normal? Where did the attitude co…

What about the following proposition - any publicly traded company must issue, every calendar year, new shares worth of 2% of the total shares outstanding, and transfer them to the…